Washington
Spokane
917 E Indiana Ave

$800,000/mo

917 E Indiana Ave, Spokane, WA 99207

3,686 sqft

Rental
Built in 1966
6,534sqft lot
4 car garage
$217/sqft
Listed 15 days ago

Property Description

Fully Rented 4-Plex with Cap Rate Over 8%! Turnkey investment opportunity—now fully stabilized and producing strong income. This updated 4-plex includes two 2-bed/1-bath units and two 3-bed/1-bath units, each with assigned parking. Recent renovations throughout the building feature new flooring, updated kitchens and bathrooms, and fresh paint. Tenants enjoy the convenience of an on-site laundry room (no in-unit laundry), and the secured building offers added peace of mind. Prime location near the U-District, Gonzaga University, and the School of Medicine ensures consistent rental demand. An additional 4-plex located at 923 E Indiana with the same finishes also available at the same price—ideal for investors looking to expand their portfolio.

Listing Status:: Active
Listing Office:: Realty One Group Eclipse : (509) 994-7531
Listing Agent:: Luke Raynor : (509) 994-7531
MLS ID:: 202517812

General: Windows Vinyl
Appliances: Free-Standing RangeRefrigeratorMicrowaveWasherDryerHard Surface Counters
Basement: Crawl Space
A/C: Wall Unit(s)
Heating: BaseboardDuctless

This listing courtesy of Luke Raynor, Realty One Group Eclipse

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Logan Elementary School

1001 E Montgomery Ave, Spokane, WA, 99207

Grades PK-5

0.28 miles away

Yasuhara Middle School

, Spokane, WA, 99201

Grades 6-8

0.82 miles away

North Central High School

1600 N Howard St, Spokane, WA, 99205

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.